DECN's lack of progress and its stock being at 6 y
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Posted On: 06/12/2017 12:00:27 PM
DECN's lack of progress and its stock being at 6 yr lows is certainly frustrating. Investors have lost tens if not hundreds of millions of dollars while the DECN BOD have taken the company to being a dark reporting company that according to its own press release is unable to have an auditor sign off on.
Now they need cash, the latest filing mentions equity which no doubt will be a Preferred offering convertible to double or triple the shares outstanding. Not the best place for shareholders. Given the past history of a 1/80 and a 1/14 reverse split I am worried
Now they need cash, the latest filing mentions equity which no doubt will be a Preferred offering convertible to double or triple the shares outstanding. Not the best place for shareholders. Given the past history of a 1/80 and a 1/14 reverse split I am worried
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